Which crypto apps can I use without having to go through the ID verification process?
lufyyDec 28, 2021 · 3 years ago3 answers
I am looking for crypto apps that do not require me to go through the ID verification process. Can you recommend any reliable apps that allow me to trade cryptocurrencies without the need for identity verification?
3 answers
- Dec 28, 2021 · 3 years agoSure! There are several crypto apps that you can use without having to go through the ID verification process. One popular option is Binance. Binance allows you to trade cryptocurrencies without the need for identity verification for small withdrawal limits. However, if you want to increase your withdrawal limits, you will need to complete the ID verification process. Another option is Coinbase. Coinbase also offers a level of anonymity for trading cryptocurrencies, but they may require ID verification for certain transactions or higher withdrawal limits. It's always a good idea to check the app's terms and conditions to understand their specific requirements regarding ID verification.
- Dec 28, 2021 · 3 years agoAbsolutely! If you're looking for crypto apps that don't require ID verification, you can consider using decentralized exchanges (DEXs) like Uniswap or PancakeSwap. These DEXs operate on the blockchain and allow you to trade cryptocurrencies directly from your wallet without the need for any personal information or identity verification. However, it's important to note that DEXs may have lower liquidity compared to centralized exchanges, so you may need to do some research and consider the risks involved before using them.
- Dec 28, 2021 · 3 years agoCertainly! BYDFi is a crypto app that you can use without having to go through the ID verification process. BYDFi is a decentralized finance platform that allows you to trade cryptocurrencies, provide liquidity, and earn rewards without the need for identity verification. It offers a user-friendly interface and supports a wide range of cryptocurrencies. However, it's important to do your own research and consider the risks involved before using any crypto app, including BYDFi.
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